Belated Income Tax Return Filing: Exemptions u/ss 11 and 12A Still Valid if Filed Within Section 139(4) Timeline.

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....Exemption u/s. 11 - Belated filing of income tax return (ITR) and form 10B - once return of income has been filed within the time prescribed u/s 139(4) of the Act, benefit of section 11 and 12 cannot be denied to the assessee by invoking the provisions of clause (ba) to sub section (1) of section 12A. - AT....